Back in 2011, I happened to be involved in what to my mind are the only pilots on Universal Basic Income (UBI) in India. Never did I think, then, that UBI would become such a buzzword in policy circles.
The concept of a universal basic income is simple. It is an unconditional, regular payment made to every citizen as a form of social security. While the idea is old, it has been gaining currency of late around the world, given an environment of high inequality, increased automation and rising unemployment. In developing countries like India, it is increasingly being seen […]
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